Small Business Loan Officer Salaries in Racine, WI
How Much Does a Small Business Loan Officer Make in Racine, WI?
Updated December 01, 2024
As of December 01, 2024,
the average annual pay of Small Business Loan Officer in Racine, WI is $64,620.
While Salary.com is seeing that Small Business Loan Officer salary in Racine, WI can go up to $84,336
or down to $46,153, but most earn between $54,954 and $74,940.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Small Business Loan Officer
Small Business Administration Loan Officer II
$102,360
Racine, WI
Per Year
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Similar Job Salaries to Small Business Loan Officer by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Chippewa Valley Bank
Loan Officer
|
$78,529/yr
|
RANGE: $64,519 - $92,539
|
|
Waldo State Bank
Loan Officer
|
$95,825/yr
|
RANGE: $76,382 - $115,269
|
|
First Mid
Small Business Support Representative
|
$52,453/yr
|
RANGE: $45,732 - $59,173
|
|
Envision Greater Fond du Lac
Small Business and Entrepreneurship Specialist
|
$107,891/yr
|
RANGE: $93,508 - $122,273
|
|
Associated Bank
Small Business Relationship Manager VP
|
$133,525/yr
|
RANGE: $108,532 - $158,518
|
|
Integrity Mortgage Group
Junior Mortgage Loan Officer
|
$91,357/yr
|
RANGE: $71,891 - $110,823
|
|
GPac
SVP Commercial Loan Officer
|
$174,474/yr
|
RANGE: $137,931 - $211,018
|
|
WCCU Credit Union
Mortgage Loan Officer
|
$71,681/yr
|
RANGE: $59,262 - $84,100
|
|
Summit Credit Union
Mortgage Loan Officer
|
$96,314/yr
|
RANGE: $76,772 - $115,856
|
What Does a Small Business Loan Officer Do?
The loan officer is responsible for the initial screening process and is unlikely to proceed with an application from someone who does not meet the lender's qualifications.
Updated December 15, 2021
For example, if a bank loan requires three years of business tax returns and you've only been in business for six months, you'll need to look elsewhere.
Updated December 13, 2021
Getting your credit scores in tip-top shape before you apply for a business loan will help to boost your chances of success.
Updated December 12, 2021
The loan officer is responsible for collecting the appropriate closing documents for a mortgage or other loan.
Updated December 12, 2021
The Small Business Loan Officer will be responsible for the deposit and loan growth of the small business portfolio.
Updated December 11, 2021
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Explore JobArchitectFrequently Asked Questions About a Small Business Loan Officer Salaries
What is the average of a Small Business Loan Officer in Racine, WI?
The Small Business Loan Officer salary range is from $54,954 to $74,940, and the average Small Business Loan Officer salary is $64,620/year in Racine, WI.
The Small Business Loan Officer's salary will change in different locations.
Which location pays the highest Small Business Loan Officer salary in the United States?
The Small Business Loan Officer salary in San Jose, CA is $83,263
which is the highest in the US.
What kinds of reasons will influence the Small Business Loan Officer's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Small Business Loan Officer.
What is the growth rate of the Small Business Loan Officer's salary?
If you are thinking of becoming a Small Business Loan Officer or planning the next step in your career, find the detailed salary report of a Small Business Loan Officer.
